THG PLC (LSE:THG) shares enjoyed a bounce on Tuesday after it was revealed that the online retailer and protein shakes maker had a new investor in the form.
In a sign of confidence in the future of the troubled online nutrition and beauty retailer, Kelso bought 5million shares in THG, or a stake of 0.4 per cent, at an average price of 54.5p.
Kelso hires DWF chief executive Nigel Knowles as non-executive chair lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.